Major Responsibilities:
Responsible for implementation of the credit risk underwriting and management function for Securitized Products, providing recommendations to the credit authority. Securitization is a strategically important business for MUFG, and in this role, you will gain exposure to a diverse range of asset classes across consumer, commercial, and esoteric transactions. The incumbent monitors and manages credit exposures within portfolios and individual transactions, keeping abreast of market trends and developments. May develop and lead strategic initiatives, updates to policies and procedures, and may also be responsible for various projects to improve efficiencies. A candidate at this level is fully knowledgeable on the day-to-day activities of securitized product and credit processes and has strong verbal and written communication skills.
Must have experience in the following:
- Securitized Products Expertise: ABS, consumer and commercial securitizations
- Credit Risk Analysis: Deal underwriting, tranche analysis, stress testing, loss modeling
- Portfolio Risk Management: Ongoing surveillance, credit deterioration monitoring, covenant tracking
- Financial Modeling & Analytics: Cash flow modeling, scenario analysis, sensitivity testing
- Risk Governance & Controls: Credit approvals, policy adherence, regulatory documentation
- Market & Counterparty Risk Awareness: Exposure monitoring, rating agency methodologies
- Regulatory & Compliance Knowledge: Experience in regulated banking environments (SR 11-7, CCAR exposure a plus)
Credit recommendations to management
- Evaluate credit proposals and business screening memos to make written credit recommendations to management
- Identify structural risks and mitigants in prospective transactions and recommend/enhance structuring of deals and covenants in line with underwriting guidelines
- Review cash flow models and conduct data analysis, including collateral stratification, historical performance, loss projection and derivation of expected case losses
- Advise origination team on credit risk issues/terms and conditions to create the best possible deal with a goal of maximizing profit and minimizing credit cost
- Directly and independently communicate with other credit divisions to obtain necessary information/comments to support making a credit decision
Active portfolio monitoring of designated customers
- Responsible for the monitoring and ongoing credit review of individual accounts through regular/ad-hoc credit review process
- Evaluate credit review applications of the designated portfolio, determine accurate ratings and make recommendations of accurate and timely ratings to management
- Conduct due diligence and attend bank/customer meetings as required
- Coordinate and communicate critical account information independently and directly to various related parties throughout the bank, business line, product groups and credit divisions
- Responsible for market research and producing portfolio presentations for management
Policy Compliance
- Ensure compliance with external regulatory/internal policy and procedural requirements
- Participate in ad-hoc policy meetings to enhance organization wide credit risk framework
